SCHWALLER JOSEPH MICHAEL 4
4 · ISECURETRAC CORP · Filed Jan 15, 2013
Insider Transaction Report
Form 4
ISECURETRAC CORPISEC
SCHWALLER MICHAEL JOSEPH
Director
Transactions
- Award
Common Stock
2013-01-14+2,083→ 34,027,698 total
Footnotes (2)
- [F1]At the election of Mr. Schwaller, Mr. Schwaller was awarded 2,083 shares of common stock in lieu of cash compensation of $500 for attendance at a meeting of the Board of Directors. The share calculation is based on the per quarter fee to non-employee directors of $500 divided by the January 11, 2013 closing price of $0.24.
- [F2]Of the total securities owned following this transaction, 9,078 are owned by Mr. Schwaller and the balance are owned by IST Holdings, LLC of which Mr. Schwaller is a manager.